2240 Small Mountain Place
About This Property
Built in 2024, this immaculate one-story home offers 4 bedrooms, 3 full baths and a spacious, comfortable layout. The open kitchen, family room and generous dining area create the perfect space for everyday living and entertaining. One secondary bedroom features its own full bath, ideal for guests. Walk-in closets, a convenient mudroom/laundry area and low-maintenance desert landscaping complete the home. Located near Shehewitz Park, this move-in-ready home is a rare opportunity to enjoy newer construction on El Paso's West Side.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2026 | Listed by ERA Sellers & Buyers Real Esta | $375,000 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
| Oct 14, 2024 | Sold | ||
| Sold | |||
| Jul 1, 2024 | Listed by RE/MAX Associates | $355,520 | |
| Listed by RE/MAX Associates | |||
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Our best selling 4-bedroom home plan given that it offers a junior suite AND a Owner suite, all in a single story home. This plan also features an open and spacious dining, kitchen, and living area at the heart of the home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017